Saudi Arabia Sets Up Commercial Courts to Expedite Investment

... the country's ultra-conservative Islamic traditions with the demands of ... have used their interpretation of Islamic texts to rule on ... Saudi system of sharia, or Islamic law, is not codified ... are disputes committees for the banking and insurance sectors and for ...

Brokerage Minna Padi Plans Rights Issue to Acquire Bank Muamalat

... business in the financial and banking sector. In a prospectus ... s shares were held by Islamic Development Bank, while Boubyan ... make inroads into Indonesia's Islamic banking sector, which is still ... allow it to provide more banking services. Bank Muamalat has ...

Indonesia, Kazakhstan on Path to Stronger Cooperation

... China and Europe. In particular, Islamic banks in Indonesia received an ... countries who have developed this banking system, including the United Arab ...

Qatar Banks Seek Asian, European Funding as Diplomatic Crisis Bites

... — a cost-plus-profit Islamic facility — to raise cash, ... government deposits in Qatar's banking system in 2016, banks ... appears especially acute for Islamic banks, with investors from ... sukuk market. Qatar International Islamic Bank remains uncertain when it ...

Best Sharia Business Unit 2017

... Head of the Department of Islamic Economics of Bank Indonesia, Anwar ... ) received the award of Sharia Banking Unit as "Best Sharia Bank ...

Millennials Put Muslim Lifestyle on Display

... hajj, to shariah-compliant banking services. Earlier this year, ... Muliaman D. Hadad said Islamic banking services will increase by ... 12 percent in 2017. Islamic banking grew by up to ... . "You can find Islamic banks, Islamic radio stations, newspapers, ...

Committee for Shariah Finance to Make Indonesia Global Hub for Islamic Economy

... 's commitment to develop Islamic finance in Indonesia," National ... several international events on Islamic finance, including the 12th ... percent of the country's banking industry (as of 2016 ... with the Indonesian Association of Islamic Economists (IAEI), an ...

Indonesia President Seeks to Tap Haj Fund to Help Fix Infrastructure

... every country to visit the Islamic holy city of Mecca. Indonesia ... for us to invest in banking instruments, in portfolio or directly ...

'Unlawful' Sukuk Threaten Dubai's Islamic Finance Ambitions

... its success in conventional banking, Dubai announced in ... for other Islamic financial transactions and Islamic finance scholarship. ... and continual development of Islamic financial instruments and ... unfolds." The Dubai Islamic Economy Development Centre, ...

Investree to Introduce Sharia-Compliant Financing Next Month

... banking products, services and operations comply with the principles of Islamic ... the Standard Chartered's Islamic finances in Dubai, ... to him, Indonesia's Islamic banking is still struggling with ... test the market for Islamic banking products in an efficient ...